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Message: Re: Employee Benefit Plan (S-8)
1
Nov 16, 2010 03:07PM

Remember, at the meeting PQ stated that there would be no more dilution to fund operations, that any more dilution would be for special items such as using stock as a signing bonus to lure good people. This maybe a sign that they will be hiring permanent people to replace the contractors or to expand operations. For example, they presently have a contracting company to do the exploratory work with a geo, field technician, and drilling crew. If the exploration program expands as much as indicated by the filing (planned expenses going from $500k to $4.5M), then they may hire instead of using contractors.

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Nov 17, 2010 12:33PM
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